FSA HMDA DATA?

Posted By: Anonymous

FSA HMDA DATA? - 12/15/20 09:25 PM

So I became a little confused and came straight here for guidance.
The released HMDA data shows that some loan types were marked as FSA, I was under the impression that all agri loans were exempt.
We have never done an FSA secured loan without a farm... Why would this one have been chosen?

thanks!
Posted By: #12

Re: FSA HMDA DATA? - 12/16/20 01:54 PM

Code 4 under Loan Type is used not only for FSA loans, but for loans guaranteed by Rural Housing.
Posted By: Anonymous

Re: FSA HMDA DATA? - 12/16/20 02:11 PM

ahh totally missed that. thank you for your response!